Polygon (MATIC) Competitor Pandoshi (PAMBO) Raises $2 Million in Presale
A new decentralized finance (DeFi) platform, Pandoshi (PAMBO), is creating quite a stir in the crypto community. This multi-faceted ecosystem has raised an impressive $2 million in its ongoing presale, showcasing its vast potential in the DeFi space.
Powered by a Layer 2 network and the energy-efficient Proof of Stake protocol, Pandoshi offers innovative features – from a decentralized exchange and non-custodial Pandoshi Wallet to prepaid crypto cards and educational platforms. The utility token PAMBO is, at its core, integral to platform operations.
While Pandoshi’s meme-inspired branding has drawn interest, there is tangible substance behind the project. Pandoshi focuses on furthering decentralization, enabling community governance, and facilitating private crypto transactions without Know Your Customer (KYC) checks.
PAMBO incorporates deflationary properties to increase in value over time. Fees generated from ecosystem activities are used to buy back and permanently burn PAMBO tokens, reducing the circulating supply. As demand outpaces supply, the token value appreciates.
Pandoshi has raised over $2 million in its fourth presale phase, demonstrating remarkable early traction. PAMBO has surged 400% during this multi-stage presale from $0.002 to the current $0.008. With the price set to hit $0.01 in the final phase, PAMBO offers substantial gains for early backers. This presale performance mirrors the early ascent of Polygon (MATIC), which saw astronomical growth in 2021. Pandoshi aims to follow a similar trajectory and disrupt the market with its forward-thinking ecosystem.
Pandoshi takes a utility-focused approach, offering real-world use cases through prepaid crypto cards, metaverse gaming, educational platforms and
